Feeling Charitable? Act (or Don’t Act) Now
The One Big Beautiful Bill (“OBBBA”) preserved one familiar charitable giving rule, but quietly changed several others in ways that make timing more important than
Key Proposed Changes in the 2025 OMB Supplement Draft and What They Mean for Nonprofits
The Office of Management and Budget (OMB) recently released the draft of the 2025 Compliance Supplement, an essential resource for auditors and organizations receiving federal
Why Timely Unclaimed Property Reporting Matters: A Crucial Reminder as State Deadlines Loom
Aprio Insights on the Why Timely Unclaimed Property Reporting Matters: A Crucial Reminder as State Deadlines Loom. Read the article.
Overview of the Budget Reconciliation Bill: the “One Big Beautiful Bill Act”(PL 119-21)
On July 4, 2025, President Donald J. Trump signed into law the so called ‘One Big Beautiful Bill.’ The law effectively extends many of the
Be Aware of the Payroll and Tax Changes in 2025
As we move further into 2025, it’s crucial for nonprofit organizations to stay ahead of the curve with the latest payroll and tax updates. From
What Can You Do to Prevent Fraud?
Fraud doesn’t discriminate. It affects businesses of all types, in all industries, with any ownership structure. While it’s not possible to mitigate every fraud scheme
The Psychology of Fraud
No business is immune to fraud. Even if you’ve built a robust control environment, your business could be vulnerable to threats. This is especially true
Occupational Fraud: What Is It, and How Can You Prevent It?
Managing fraud risk is always important, but it becomes critical in times of economic uncertainty. Fraudulent activity rises during recessions and economic downturns for a
Corporate Transparency Act Beneficial Ownership Reporting – 3.24.25 – UPDATE
UPDATE: 3.24.2025: All entities originally established in the United States, including those previously classified as ‘domestic reporting companies,’ and their beneficial owners are now exempt
How nonprofits can protect their donor information from cyberattacks
(authored by RSM US LLP) There are several best practices that nonprofits can embrace to enhance their cybersecurity.
Long-awaited disaster relief tax bill officially becomes law
(authored by RSM US LLP) The Federal Disaster Tax Relief Act of 2023 (H.R. 5863) signed into law. This legislation provides long-awaited tax provisions for disaster victims.
Louisiana enacts significant tax reform
(authored by RSM US LLP) Louisiana flattens income tax rates, eliminates the corporate franchise tax and increases sales tax rates in comprehensive reform.